• Performance
• Reviews
• Corporate Governance
  • Risk
  • Business Organisation and Corporate Governance
    • Board of Directors at 31 December 2009
    • Senior Executive Team at 31 December
    • Reserved matters and delegation of authority
    • R&D Executive Committee
    • Operation of the Board
    • Directors
    • Operation of Board Committees
    • Principal corporate governance requirements
    • Other matters
  • Directors' Remuneration Report

Business Organisation and Corporate Governance

Business organisation

This section briefly describes how the Group is organised, including the overall structure and principal roles and responsibilities of the Board, its committees and the SET.

Board composition, processes and responsibilities

The Board comprises two Executive Directors (the CEO and the CFO) and 10 Non-Executive Directors. The membership of the Board at 31 December 2009 and information about individual Directors is contained in the Board of Directors section.

All Directors are collectively responsible for the success of the Group. In addition, the Non-Executive Directors are responsible for exercising independent, objective judgement in respect of Board decisions and for scrutinising and challenging management. The Non-Executive Directors also have various responsibilities concerning the integrity of financial information, internal controls and risk management.

Board of Directors

Balance of Non-Executive Directors and Executive Directors

¹

As determined by the Board in accordance with the Combined Code.

Length of tenure of Non-Executive
Directors

Gender split of Directors

Geographical mix of Non-Executive Directors